3, New Parade - NR27 9EP
Key Building Insights
3, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 44th largest and 4th most expensive of the 347 buildings in the NR27 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £83,720
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £636pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Key Building Insights
3, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 44th largest and 4th most expensive of the 347 buildings in the NR27 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £83,720
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £636pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Explore Properties on New Parade, Cromer, NR27
- 3A New Parade
2 Bed Period Flat
- 3B New Parade
2 Bed Period Flat
Sales Market Trends
The last sale in 3, New Parade sold for £65,000 on 20th October 2006. Since then prices are down an average of 0.0%.
The current average value in the building is £83,720.
The 3, New Parade Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.5% | £83,720 |
| July 2025 | -2.2% | £85,900 |
| July 2024 | -1.8% | £87,863 |
| July 2023 | -2.3% | £89,459 |
| July 2022 | 12.8% | £91,602 |
| July 2021 | -0.2% | £81,206 |
| July 2020 | 5.6% | £81,387 |
| July 2019 | 3.7% | £77,091 |
| July 2018 | 5.1% | £74,346 |
| July 2017 | 4% | £70,731 |
| July 2016 | 4.5% | £68,006 |
| July 2015 | 3.4% | £65,103 |
| July 2014 | 7.8% | £62,967 |
| July 2013 | 3.7% | £58,407 |
| July 2012 | -3.6% | £56,300 |
| July 2011 | -0.5% | £58,403 |
| July 2010 | 3.8% | £58,725 |
| July 2009 | -7.9% | £56,595 |
| July 2008 | -5.9% | £61,422 |
| July 2007 | 0% | £65,293 |
Rental Market Trends
The current average rental value in the building is £636.
The 3, New Parade Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.6% | £636pcm |
| July 2025 | 1.6% | £614pcm |
| July 2024 | 5.1% | £605pcm |
| July 2023 | 5.7% | £575pcm |
| July 2022 | 8.1% | £544pcm |
| July 2021 | 4.4% | £503pcm |
| July 2020 | 3% | £482pcm |
| July 2019 | 3.8% | £468pcm |
| July 2018 | -0.8% | £450pcm |
| July 2017 | -0.3% | £454pcm |
| July 2016 | 1.4% | £455pcm |
| July 2015 | 3.1% | £449pcm |
| July 2014 | 1.6% | £436pcm |
| July 2013 | -0.4% | £429pcm |
| July 2012 | 0.6% | £430pcm |
| July 2011 | 1.4% | £428pcm |
| July 2010 | 0.5% | £422pcm |
| July 2009 | -6.7% | £420pcm |
| July 2008 | -0.6% | £450pcm |
| July 2007 | 0% | £453pcm |
Sales History
The last recorded sale was on 20th October 2006 for £65,000 and since then the market in the area has remained stable.
3, New Parade, Cromer, NR27 9EP has had 2 sales since 1995, none of them in the last three years.
- Sold Oct 2006£65,000 | 2 Bed Flat3A, New Parade, Cromer, NR27 9EP3A, New Parade, Cromer, NR27 9EP
- Sold Aug 2002£45,000 | 2 Bed Flat3A, New Parade, Cromer, NR27 9EP3A, New Parade, Cromer, NR27 9EP
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2017£105,000 | 3 Bed Flat4, New Parade, Cromer, NR27 9EP4, New Parade, Cromer, NR27 9EP
- Sold Sep 2020£102,000 | 1 Bed Flat8A, New Parade, Cromer, NR27 9EP8A, New Parade, Cromer, NR27 9EP
- Sold Oct 2017£95,000 | 3 Bed Flat9, New Parade, Cromer, NR27 9EP9, New Parade, Cromer, NR27 9EP
Schools Nearby
- Suffield Park Infant and Nursery School, Cromer900 m away
- Cromer Junior School900 m away
- Overstrand, the Belfry, Church of England Voluntary Aided Primary School2.6 km away
- Cromer Academy800 m away
- Sheringham High School7.1 km away
- North Walsham High School13.8 km away
More reading links
Public Transport Nearby
The closest station to 3, New Parade, Cromer, NR27 9EP is Cromer station, which is 700 metres away.
- Cromer|700 m away
- Roughton Road|1.3 km away
- West Runton|3.9 km away
- Sheringham|6.3 km away
